\*\*\_Aircraft\_\*\* shall mean, collectively, the Airframe, the Engines and the
Records; and all accessories, additions, accessions, alterations,
modifications, Parts, repairs and attachments now or hereafter affixed thereto
or used in connection therewith, and all Permitted Replacements and all other
replacements, substitutions and exchanges (including trade-ins) for any of the
foregoing.



\*\*\_Airframe\_\*\* shall mean, collectively, (i) the airframe described in
\_Schedule No. 1\_, and shall not include the Engines, and (ii) any and all
related Parts.



\*\*\_Applicable Law\_\*\* shall mean all applicable laws, statutes, treaties,
conventions, judgments, decrees, injunctions, writs and orders of any
Governmental Authority and rules, regulations, orders, directives, licenses
and permits of any Governmental Authority as amended and revised, and any
judicial or administrative interpretation of any of the same, including the
airworthiness certificate issued with respect to the Aircraft, the Cape Town
Convention, the UCC, the Transportation Code, all TSA regulations, all FARs,
airworthiness directives, and/or any of the same relating to the Collateral
generally or to noise, the environment, security, public safety, insurance,
taxes and other Impositions, exports or imports or contraband.



\*\*\_Applicable Standards\_\*\* shall mean, collectively, (i) Applicable Law, (ii)
the requirements of the Required Coverages, and (iii) all Maintenance
Requirements.



\*\*\_Assignee\_\*\* and \*\*\_Assignment\_\*\* shall each have the meanings respectively
set forth in Section 11.5 hereof.